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(IRR calculation) Determine the internal rate of return on the following project: An initial outlay of $11,500 resulsing in a cash inflow of $2,496 at

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(IRR calculation) Determine the internal rate of return on the following project: An initial outlay of $11,500 resulsing in a cash inflow of $2,496 at the end of each year for the next 9 years. The internal rate of return of the project is \%. (Round to the nearest whole percent)

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